THE WILLIAM ARTHUR RUDD MEMORIAL TRUST
The trust is a grant making charity and the trustees distribute the available income to a wide range of charities in the United Kingdom and a few select ones in Spain.
Financial health, per its FY2024 accounts
The charity holds unrestricted reserves of £18,772, which is significantly lower than its expendable endowment fund of £8,203,896. The trustees state their policy is to maintain adequate reserves to preserve the income-generating capital base and maintain grant levels, but the accounts show a net decrease in unrestricted funds during the year. The charity has no staff and relies entirely on investment income to fund its charitable donations.
What the accounts disclose
“The Charity is not involved in fund-raising or publicity and has never received donations.” — page 5
“It is the policy of the Trustees to maintain adequate reserves to enable the Charity to maintain the amount given as charitable grants each year and to preserve the income generating capital base.” — page 7
“Robert Maples charged a professional Trustee fee of £1,920 (2023 - £1,800). The payment was made under the authority given in the Trust Deed under Clause Ya.” — page 13
“Robert Maples charged a professional Trustee fee of £1,920 (2023 - £1,800). The payment was made under the authority given in the Trust Deed under Clause Ya.” — page 13
“Alexandra Sarkis is a Trustee of the Charity and was a consultant of Hunters Law LLP for part of the year. She ceased being a consultant on 30 September 2024. For the year to 31st December 2024 Hunters Law LLP charged fees of £48,682 (including VAT) (2023 - £52,470) for legal, secretarial and administration services.” — page 13
“Robert Maples charged a professional Trustee fee of £1,920 (2023 - £1,800). The payment was made under the authority given in the Trust Deed under Clause Ya.” — page 13
“Alexandra Sarkis is a Trustee of the Charity and was a consultant of Hunters Law LLP for part of the year. She ceased being a consultant on 30 September 2024. For the year to 31st December 2024 Hunters Law LLP charged fees of £48,682 (including VAT) (2023 - £52,470) for legal, secretarial and administration services.” — page 13
Trustees
- Alexandra Ahavni Sarkischair
- DAVID HAMILTON SMYTH
- ROBERT GEORGE MAPLES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £206k | £304k |
| 31/12/2023 | £223k | £234k |
| 31/12/2022 | £125k | £118k |
| 31/12/2021 | £157k | £87k |
| 31/12/2020 | £28k | £43k |
Common questions
Is THE WILLIAM ARTHUR RUDD MEMORIAL TRUST financially healthy?
Per its FY2024 accounts: The charity holds unrestricted reserves of £18,772, which is significantly lower than its expendable endowment fund of £8,203,896. The trustees state their policy is to maintain adequate reserves to preserve the income-generating capital base and maintain grant levels, but the accounts show a net decrease in unrestricted funds during the year. The charity has no staff and relies entirely on investment income to fund its charitable donations. Its FY2024 accounts were independently examined.